Responsibility of the Seller Sample Clauses

Responsibility of the Seller. The Seller shall be responsible for storing and handling with reasonable care of the Buyer’s Supplies after the delivery thereof at warehouse or other storage of the Shipyard, and shall, at its own cost and expense, install them in or on the VESSEL, unless otherwise provided herein or agreed by the parties hereto, provided, always, that the Seller shall not be responsible for quality, efficiency and/or performance of any of the Buyer’s Supplies. (End of Article) Article XVIII - Notice
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Responsibility of the Seller. The Seller agrees to comply with all the laws, regulations and governmental provisions of any kind that are applicable to the manufacturing, sale or transportation of the goods or work set forth in this Order and agrees that it shall be on its account any fine or responsibility for violation of such laws, regulations or provisions, as well as with any responsibility arising from the employee-employer relationship of its workers and employees and of the contractual relations with subcontractors or suppliers of the Seller. The Seller shall be solely responsible for any damages or injuries to the goods or persons that are caused by its employees.
Responsibility of the Seller. Anything herein to the contrary notwithstanding:
Responsibility of the Seller. Following the Closing, the Buyer shall not assume any employment obligations in connection with any of the Division Employees. The Seller is solely liable and responsible for the Division Employees and the Employee Obligations in respect of them including, without limitation, any claims by such Division Employees for reinstatement, wages, salary, bonuses, commissions, other compensation, pensions, pension contributions, employment benefits (including, without limitation, any benefits or entitlements under the Employee Plans), overtime or sick pay, severance pay, payments upon a change of control or sale of assets, accrued vacation pay or any other payment or compensation, and any claims arising under any Applicable Laws including, without limitation, any employment standards, human rights, workers’ compensation and occupational health and safety or Tax legislation.
Responsibility of the Seller. The SELLER shall be responsible for safely storing and handling with reasonable care the BUYER’s Supplies after delivery thereof at the Shipyard, and shall, at its own cost and expense, install them in or on the VESSEL, unless otherwise provided herein or agreed by the parties hereto provided always that the SELLER shall not be responsible for the quality, efficiency and/or performance of any of the BUYER’s Supplies. BUYER’s Supplies will be delivered in Incoterms 2000 condition CIP Turnu Severin and each shipment will be accompanied by Pro-forma Invoices, Packing Lists, Conformity Certificates and EUR 1 Certificate. Same documents will be provided to the SELLER by fax at least one week in advance.
Responsibility of the Seller. Neither the approval of drawings by the BUYER nor the inspection of the VESSEL during construction by the Supervisors shall in any way diminish, affect or impair the obligations, guarantees or undertakings of the BUILDER in relation to the design, materials and construction of the VESSEL. Shipbuilding Contract For Construction of One 82,000 DWT Bulk Carrier (Hull No. )
Responsibility of the Seller. The Seller shall be liable to the Buyer that the item is free from defects upon receipt. The Seller shall be responsible to the Buyer that at the time the Buyer took possession of the item:
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Responsibility of the Seller. In any case, the responsibility of the Seller resulting from non- performance or improper performance of the contract is limited by the Subject and value of the contract to the part that had not been performed or had been performer improperly. Furthermore, the Seller’s liability cannot be associated with the Buyer’s commercial or production activities.

Related to Responsibility of the Seller

  • Liability of the Servicer Notwithstanding any Subservicing Agreement, any of the provisions of this Agreement relating to agreements or arrangements between the Servicer and a Subservicer or reference to actions taken through a Subservicer or otherwise, the Servicer shall remain obligated and primarily liable to the Trustee for the servicing and administering of the Mortgage Loans in accordance with the provisions of Section 3.01 without diminution of such obligation or liability by virtue of such Subservicing Agreements or arrangements or by virtue of indemnification from the Subservicer and to the same extent and under the same terms and conditions as if the Servicer alone were servicing and administering the Mortgage Loans. The Servicer shall be entitled to enter into any agreement with a Subservicer for indemnification of the Servicer by such Subservicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.

  • Liability of the Seller (a) The Seller shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Seller under this Agreement.

  • LIABILITY OF THE SUB-ADVISER (a) The Sub-Adviser shall have responsibility for the accuracy and completeness (and liability for the lack thereof) of statements in the Fund's Disclosure Documents.

  • Responsibility of the Parties 9.1. In the event of non-performance or improper performance of their obligations under this contract, the Parties shall be liable in accordance with the legislation of the Russian Federation.

  • Responsibilities of the Seller Anything herein to the contrary notwithstanding:

  • Liability of the Subadviser (a) In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties ("disabling conduct") hereunder on the part of the Subadviser (and its officers, directors/trustees, agents, employees, controlling persons, shareholders and any other person or entity affiliated with the Subadviser) the Subadviser shall not be subject to liability to the Adviser (and its officers, directors/trustees, agents, employees, controlling persons, shareholders and any other person or entity affiliated with the Adviser) or to the Trust (and its officers, directors/trustees, agents, employees, controlling persons, shareholders and any other person or entity affiliated with the Trust) for any act or omission in the course of, or connected with, rendering services hereunder, including without limitation, any error of judgment or mistake of law or for any loss suffered by any of them in connection with the matters to which this Agreement relates, except to the extent specified in Section 36(b) of the Act concerning loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services. Except for such disabling conduct, the Adviser shall indemnify the Subadviser (and its officers, directors, partners, agents, employees, controlling persons, shareholders and any other person or entity affiliated with the Subadviser) from any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) arising from Subadviser's rendering of services under this Agreement.

  • Responsibility of the Custodian In performing its duties and obligations hereunder, the Custodian shall use reasonable care under the facts and circumstances prevailing in the market where performance is effected. Subject to the specific provisions of this Section, the Custodian shall be liable for any direct damage incurred by the Fund in consequence of the Custodian's negligence, bad faith or willful misconduct. In no event shall the Custodian be liable hereunder for any special, indirect, punitive or consequential damages arising out of, pursuant to or in connection with this Agreement even if the Custodian has been advised of the possibility of such damages. It is agreed that the Custodian shall have no duty to assess the risks inherent in the Fund's Investments or to provide investment advice with respect to such Investments and that the Fund as principal shall bear any risks attendant to particular Investments such as failure of counterparty or issuer.

  • Responsibility of the Trustee (a) The Trustee shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims, provided, however, that the Trustee shall incur no liability to any person for any action taken pursuant to a direction, request or approval given by the Company which is contemplated by, and in conformity with, the terms of the Arrangements or this Trust and is given in writing by the Company. In the event of a dispute between the Company and a party, the Trustee may apply to a court of competent jurisdiction to resolve the dispute, subject, however to Section 2(d) hereof.

  • RESPONSIBILITY OF THE FUND With respect to each Loan held by the Custodian hereunder in accordance with the provisions hereof, the Fund shall (a) cause the Financing Documents evidencing such Loan to be delivered to the Custodian; (b) include with such Financing Documents an amortization schedule of payments (the “Payment Schedule”) identifying the amount and due dates of scheduled principal payments, the Interest Payable Date(s) and related payment amount information, and such other information with respect to the related Loan and Financing Documents as the Custodian reasonably may require in order to perform its services hereunder (collectively, “Loan Information”), in such form and format as the Custodian reasonably may require; (c) take, or cause the investment manager to take, all actions necessary to acquire good title to such Loan (or the participation in such Loan, as the case may be), as and to the extent intended to be acquired; and (d) cause the Custodian to be named as its nominee for payment purposes under the Financing Documents or otherwise provide for the direct payment of the Payments to the Custodian. The Custodian shall be entitled to rely upon the Loan Information provided to it by the Fund (or the investment manager acting on its behalf) without any obligation on the part of the Custodian independently to verify, investigate, recalculate, update or otherwise confirm the accuracy or completeness thereof; and the Custodian shall have no liability for any delay or failure on the part of the Fund in providing necessary Loan Information to the Custodian, or for any inaccuracy therein or incompleteness thereof. With respect to each such Loan, the Custodian shall be entitled to rely on any information and notices it may receive from time to time from the related bank agent, Obligor or similar party with respect to the related Loan, and shall be entitled to update its records on the basis of such information or notices received, without any obligation on its part independently to verify, investigate or recalculate such information.

  • Responsibility of PFPC (a) PFPC shall be under no duty to take any action hereunder on behalf of the Fund except as specifically set forth herein or as may be specifically agreed to by PFPC and the Fund in a written amendment hereto. PFPC shall be obligated to exercise commercially reasonable care and diligence in the performance of its duties hereunder and to act in good faith in performing services provided for under this Agreement. PFPC shall be liable only for any damages arising out of PFPC's failure to perform its duties under this Agreement to the extent such damages arise out of PFPC's willful misfeasance, bad faith, negligence or reckless disregard of such duties.

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